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CSPAN
Dec 11, 2012 1:00pm EST
fiscal cliff coming up in a minute. the house returns live in about a half hour from now at 5:00 eastern to consider a motion to negotiate with the senate on a compromise bill that would set penn programs and policy for the next year. recorded votes will happen this evening around 6:30 eastern. and tomorrow, eight bills including the sale of asthma ilan-- inhaters -- inhalers. live house coverage as always here on c-span. and now today's white house briefing with press secretary jay carney. he talked about where things stand in the fiscal cliff negotiations and responded to house speaker boehner's criticism of president obama on the issue. we'll show you as much of this as we can until the house gavels back in at 5:00 eastern. >> good afternoon. welcome to the white house. thanks for being here. i have no announcements to make at the top so i will go straight to your questionless. mr. henry's disappointed that i have not a single announcement. jim. >> thanks, jay. the speaker, as you know, spoke today and turned the conversation over to the spending cuts and the fiscal cliff negotiations
CSPAN
Dec 13, 2012 1:00pm EST
any members are listening in their office and they want to come down and talk about the fiscal cliff, as it's called. many of us don't see it as a cliff. more of a slope, that we actually have time to set the problems straight. that's what most economists are saying. that if we go a few weeks into january, it's not the worst thing so that americans shouldn't panic about this. if you want to come down and talk about that, i am really happy to do that. and so i wanted to welcome one of my colleagues, hank johnson, here to the floor today to add his thoughts. and i know he had another something he wanted to talk about this afternoon, and i welcome you. thanks for coming down, congressman johnson. mr. johnson: always my pleasure, representative shan -- schakowsky, to always be with you. you're always a staunch advocate for the middle class, the working poor, the poor. you are a champion for the people. and so i'm happy to be here with you and happy to share some time with you. but first, i wanted to express the fact that last night i came in to do a special order on the situation happeni
CSPAN
Dec 12, 2012 5:00pm EST
the people of this country as described to be a fiscal cliff. quite frankly, we need to look back at alice in wonderland to see from where we have come. and in the case of alice in wonderland, there is a line that says, if you don't know where you're going, any road will get you there. and certainly in the case of congress, the republicans have laid out a road, it's a road back -- road map for america's future. it is designed by our house budget committee, chaired by congressman paul ryan from wisconsin. and it lays out a plan for spending. it lays out a plan to sustain the viability and vitality of social security and medicare and medicaid into the future, to make sure that seniors now can enjoy the benefits that they've earned through social security, medicare and medicaid. and that the young people who are paying for it now will have those benefits available to them when they retire or when they need them. that is our road map to america's future. that is our budget. it passed this house unanimously through members of congress who are of the republican persuasion. by contrast, the democrats have not tendered or put forward a budget for
CSPAN
Dec 11, 2012 5:00pm EST
boehner sent the president a new fiscal cliff counteroffer, we'll have more on that in a minute. and a change in the house plan, the house will come in at 6:30 eastern with one vote on what's called the journal, the record of the previous day's proceedings. members will not vote today as they had planned earlier on a motion to negotiate with the senate on the bill to set defense programs and policy for next year. and as the fiscal cliff negotiations continue we spoke earlier today with a capitol hill reporter. >> what was the purpose of speaker boehner's appearance to speak about the fiscal cliff? >> you saw each major congressional player give some sort of speech but i think anything happening of consequence is happening between speaker bayne around the president and it's happening in a closely guarded, off-camera, way, they're actually trying to negotiate a deal and the rule of washington is when a deal is being done, people don't talk about it. when a deal is collapse, you know because they're both shouting about what the other side is doing. you saw speaker boehner and senate leader mitch mcconnel and jay carney from the white ho
CSPAN
Dec 5, 2012 1:00pm EST
fiscal cliff. it's a spending decision and a tax decision, but i list them both up here. this chart comes from the congressional research service. a couple interesting things i want to point out here. first and foremost, if we do nothing, tax increases of about $400 billion, there are going to be spending reductions of about $102 billion, there are some other changes that happen at the end of the year that aren't associated with policy decisions, at the end of the day we change the scope of our deficit by about $607 billion. if we do nothing, that's what makes this such a hard issue to grapple with, mr. speaker, if we do nothing, if we reach no agreement, changes that happen automatically and burden us all in different ways, will create $607 billion for the u.s. treasury that we didn't have before. and that's only half of the annual deficit. you see all the pan damone yum that -- pandemonium folks are describing, all the frightful words used to describe the fiscal cliff, if we roll over that fiscal cliff and all of those bad things come to bear, the tax increases and the spending reductions, c
CSPAN
Dec 11, 2012 10:00am EST
continue on the fiscal cliff. this morning "washington journal" talk to a business representative about his take on the negotiations. host: let's begin with what is business forward, how did it come about? guest: is simple mission. our job is to make it easier for business leaders in the country who care about policy issues but did not have a washington office or a lobbyist, to speak about the issues of public policy. host: is this a brand-new organization? who is involved? >> we have been around 3 1/2 years, supported by some of the biggest companies of the world, with business leaders are in the country. we go out to small business owners, entrepreneurs, venture capitalist to get them involved in policy-making. what we do is we bring administration officials, members of congress, governors out to cities around the country to be briefings with business leaders. what we also do is bring the business leaders to washington. we tell them how to grow jobs and accelerate. host: what did the business leaders say to the president and how did it come about? guest: we have been doing this for a year, bringing 50-plus different groups to the white house to talk to the council of economic adviser
CSPAN
Dec 5, 2012 10:00am EST
we are coming here to meet, we're focused on the fiscal cliff, but there are other things that we could be hopefully resolving in the time that we have available to us between now and the end of the year and i would hope we would do that. unless the gentleman has other comments, i will be prepared to yield back the balance of my time. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from virginia rise? mr. cantor: mr. speaker, i ask unanimous consent that when the house adjourns today it adjourn to meet at 11:00 a.m. on friday, december 7, 2012, and further, when the house adjourns on that day it adjourn to meet at noon on tuesday, december 11, 2012, for morning hour debate and 2:00 p.m. for legislative business. the speaker pro tempore: without objection. the chair will entertain one-minute request he -- questions. for what purpose does the gentleman from -- requests. for what purpose does the gentleman from virginia seek recognition? without objection, the gentleman is recognized
CSPAN
Dec 7, 2012 9:00am EST
happens. by now, a little bit more about the fiscal cliff. >> we turn our attention this morning about unemployment benefits and how insurance could back -- how insurance could be impacted. thank you for coming in. we want to start the discussion. when we're talking about unemployment insurance, what specific programs are we talking about here? >> unemployment insurance is the combination of federal and state programs. it usually lasts up to six weeks. it can be extended up to 93 weeks, depending on which they were in. it is this extension that we're really talking about as part of the fiscal cliff. >> that is what might be cut. that is what automatically expires. we know it cost $30 billion to continue additional unemployment benefits. of the deal i want to make, the benefits should continue. firm stand. we have seen in the past obama host: what specific benefits do guest: usually some kind of a cash benefit or they may help the search for a job. it is usually about $300 a week. it can vary from state sen. in the mississippi i want to say it is closer to $200. host: how are the programs funded? payroll taxes. through the trust the state administers the program and the money goes to the unemplo
CSPAN
Dec 13, 2012 10:00am EST
plan covers and how much beneficiaries have to pay. host: when it comes to the so-called fiscal cliff and the discussions around that, how is medicare being looked at? what are some of the proposed changes? guest: what the key thing here for jaques is that medicare providers -- here for sequestration is that medicare providers, they will be cut by 2%. beneficiaries' benefits will not be cut but providers will be cut. when the office of management and budget made an estimate in i think about a month or two ago, they said medicare would be hit $11 billion next year. host: what do you mean it will be hit $11 billion? guest: the payment reductions would amount to that amount of money. the 2% across the board to providers. host: now, one of the other proposals is -- that's been floated, i guess is the right word, to raise the medicare eligibility age. guest: if there were a grand bargain struck, chances are the negotiators would lay out perhaps a target number of medicare spending reductions to be attained in 10 years theoretically. one is to increase the eligibility age from 65 to 67. thi
CSPAN
Dec 13, 2012 5:00pm EST
to news reports, president obama and house speaker boehner meeting to talk about the fiscal cliff. there is a stalemate over households that make over $250,000. we will keep you posted on details. the prime-time programming schedule looks like this. we will update the latest on the discussions at 8:00 eastern. then russian president vladimir putin. and a program we will show you from the american bar association, a discussion on threats to the nation's infrastructure. >> my inspiration was that i wanted to explain how utilitarianism happens. we know the story of the cold war. we know the documents, we have seen the archives that describe relationships between roosevelt, stalin, truman. we know the main events from our point of view. i wanted to show the different angle, from the ground up. what did it feel like to be subjected to this system? how did people make choices, how did they react, how did they behave? the region that we used to call -- it is no longer -- and they no longer have much in common except the communist occupation. >> more on life in soviet east germany, poland
CSPAN
Dec 6, 2012 1:00pm EST
heard from the two economists on how to deal with the fiscal cliff. marchese said tax increases are necessary to reduce the deficit. senator bob casey of pennsylvania chaired the hearing. >> the committee will come to order. we want to thank everyone for being here today. i did not have a chance to personally greet our witnesses, but i will have time to do that later. i want to thank both of our witnesses for being here. i will have an opening statement that i will make, and then i will turn it to dr. burgess. i know that vice chairman brady will be her as well. we know the challenges that we confront here in congress on a whole range of issues which are sometimes broadly described under the umbrella of the terminology, fiscal cliff -- when we confront those difficult challenges, we have to ask ourselves a couple of basic questions. one of the basic questions we must ask is, what will be the result and will be the impact as it relates to middle income families? what will happen to them in the midst of all these tough issues we have to work out? we know there is broad agreement that going over the so-called fiscal cliff would jeopardize the economic recovery. it would do that by increasing taxes on
CSPAN
Dec 5, 2012 5:00pm EST
phone with president obama about the fiscal cliff, according to "the hill" newspaper. first conversation in a week. president obama spoke about the fiscal negotiations to a group of corporate c.e.o. oomplet and see the president shaking their hands. president obama's remarks are coming up here on c-span. we wanted to let you know from secretary treasury geithner. if republicans don't agree to higher tax rates. in speaking to business executives today, the president said he thinks republicans might be willing to agree to higher tax rates on the wealthy. mr. obama is introduced by the c.e.o. of boeing. >> we at the business roundtable are grateful to both the electricity -- for the engagement we have had with you and members of your team. listen, i know your team has really reached out significantly over the last few months to many people in this room. and i know personally from my work in the last three years on the export council that the outreach to us is again you inand we know you are seeking solutions that was outlined very sincerely this morning when we met with jack and the rest of the team. and i hope you get the same sense of purpose and commitment from us as we engage with you. there aren't a lot of wall flowers in here and eager for a two-way exchange nonethe
CSPAN
Dec 6, 2012 10:00am EST
special webpage c-span.org/fiscal cliff. now to the senate side of capitol hill for gos on the pending tax hikes and budget cuts. >> there's enough writing on the walls to fill quite a few pages about republicans deciding the right thing to do is protect the middle class. and we need to do it now. it's really important that this holiday season that the middle class is not going to be burdened with the thought that they may hit a $2,200 a year tax increase. there have been positive developments this week. we've had a list of republicans that have decided clearly that the best interest of the american people is to pass the bill we passed here last july, confirming the tax cut continues for the middle class. i think that the proposal we have from mitch mcconnel this morning is to avoid a debt ceiling battle that cost our economy billions of $s. he came up with the requested in the first place. enge that's good, to give the president authority to raise the debt. so i think if what we need to do is look at his proposal. i just got it from my staff. we're going to have some meetings with the whi
CSPAN
Dec 10, 2012 12:35am EST
talk both about the budget negotiations that are going on now on the fiscal cliff. but what is really important is that both senator baucus and another senator will be some of the lead folks who are shepherding whatever kind of framework hopefully comes out of the fiscal cliff through their committees to help develop details of how to do tax reform. we lucky to have with us today chairman baucus. he has been thinking about these ideas for quite some time. he has a tremendous amount of expertise. he will talk about where the situation is. thank you, senator. [applause] >> thank you, maya. thank you to everyone for adding this together. very interesting set up. i do not know if there will be darts or spitballs on my back. it is good to be here and help in whatever way i can. first, i would like to commend erskine bowles and simpson further laserlike focus on this. you are engaging the american. you have drawn attention to the fiscal challenges that are threatening our future. many here today are proponents of the simpson-bowles plan. i have served with senator simpson and senator bowles. this report has helped advance the national level and has taken on increasing importance. it should be part of our debt reduction debate. i would like to
Search Results 0 to 13 of about 14